I know of no long-time practitioner who regrets adhering to a value philosophy; few investors who embrace the fundamental principles ever abandon this investment approach for another

The single greatest edge an investor can have is a long-term orientation.

Value investing is at its core the marriage of a contrarian streak and a calculator.

Ultimately, nothing should be more important to investors than the ability to sleep soundly at night.

The stock market is the story of cycles and of the human behavior that is responsible for overreactions in both directions.

In reality, no one knows what the market will do; trying to predict it is a waste of time, and investing based upon that prediction is a speculative undertaking.

Investment success cannot be captured in a mathematical equation or a computer program.

Patience and discipline can make you look foolishly out of touch until they make you look prudent and even prescient

The near absence of bargains works as a reverse indicator for us. When we find there is little worth buying, there is probably much worth selling.

As Buffett has often observed, value investing is not a concept that can be learned and gradually applied over time. It is either absorbed and adopted at once, or it is never truly learned.

The overwhelming majority of people are comfortable with consensus, but successful investors tend to have a contrarian bent.

The man spends half of his life trying, and the other half is preventing.

Quick decisions are unsafe decisions.

The forces that affect our lives, the influences that mold and shape us, are often like whispers in a different room, teasingly indistinct, apprehended only with difficulty.

To disbelieve in marriage is easy: to love a married woman is easy; but to betray a comrade, to be disloyal to a host, to break the covenant of bread and salt, is impossible.

It is painful to be told that anything is very fine and not be able to feel that it is fine--something like being blind, while people talk of the sky.

As the first of every thing, in our situation will serve to establish a Precedent, it is devoutly wished on my part, that these precedents may be fixed on true principles.

I'd rather sing one wild song and burst my heart with it, than live a thousand years watching my digestion and being afraid of the wet.

So I learnt a few country western songs, I bought a chord book, and right away I started writing my own stuff, which nobody else did that, I don't know why.

I don't wear my faith on my sleeve, but I definitely do walk with it every day in my heart.

After a stroke we can re-learn how to talk, because by practicing we can establish different pathways in the brain, circumnavigating the damaged part.